We Help People Live Better Lives

Learn More About MutualBank

Banking is just the "what" we do. Helping people live better lives is our "why". We're inspired by stories like the Cooper's and we're tremendously grateful to play a small role in the journeys our customers and communities are living.

How we do what we do

MutualValues

Our identity as a company is defined by our values. Success that jeopardizes our integrity is worthless.

We ensure every MutualBank touch-point maintains and improves our reputation.

Our Parent Company

MutualFirst Financial, Inc.

MutualFirst Financial, Inc. is the parent company of MutualBank, an Indiana-based financial institution since 1889. MutualBank has 39 full-service retail financial centers throughout Indiana. Additionally, a loan origination office is located in New Buffalo, MI and MutualWealth (MutualBank's trust & wealth management arm) has two offices located in Fishers and Crawfordsville, Indiana. The Company's stock is traded on the NASDAQ National Market under the symbol "MFSF."

Executive Leadership

Dave Heeter

President & CEO, MutualFirst Financial, Inc.; CEO, MutualBank

Mr. David W. Heeter is the President and Chief Executive Officer of MutualFirst Financial, Inc. (the "Company") and Chief Executive Officer of MutualBank (the "Bank") and has been since 2003.In 2002, he became the Executive Vice President of Company and the Bank.

Pat Botts

Mr. Patrick C. Botts has served on the Board of Directors of MutualFirst Financial, Inc. (the "Company") since 2003. He is the Executive Vice President of the Company and President and Chief Operating Officer of MutualBank (the "Bank") since November 2003.

Chuck Viater

Charles J. Viater is the Senior Vice President of MutualFirst Financial, Inc. (the "Company") and Regional President of MutualBank and has been since July 2008. He served as president, chief executive officer and a director of MFB Corp. and its banking subsidiary for 13 years prior to their acquisition by the Company.

Chris Cook

Christopher D. Cook began his career with MutualBank in 1996. Since that time he served as Profitability Analyst, Assistant Treasurer, Controller and Director of Finance. Mr. Cook has served as Senior Vice President, Treasurer and Chief Financial Officer of MutualFirst Financial, Inc. and MutualBank since May 2010.

Melissa Greer

Corporate Secretary

Mrs. Melissa Greer began her career with MutualBank in 2015 as a Human Resources Assistant. In this role, she assisted with the recruiting process, employee benefits, retiree benefits, and coordinated several events across MutualBank’s footprint. In 2018, she was elected Corporate Secretary.

Our Story

MutualBank's History

The story of MutualBank has humble beginnings and is filled with individuals who lead us forward. While much has changed, our commitment to our communities and mission of helping people live better lives has remained constant

Board of Directors

Michelle is an Attorney and Chief Privacy Officer for Indiana University Health, Inc. She was nominated to serve on the MutualFirst Financial Board at the 2018 Annual Meeting. Michelle is a specialist in health care law, as well as corporate governance. Her experience in the corporate governance realm and her participation in our local business community over two decades will enhance the Board’s knowledge of corporate governance.

Former Chairman and Chief Executive Officer of Universal Bancorp and BloomBank, Mark was appointed as a director in connection with MutualFirst Financial's acquisition of Universal Bancorp on February 28, 2018. Mark has extensive banking and business knowledge and through his experience as well as knowledge of our new southern Indiana markets, Mark is an invaluable addition to our Board.

Senior Vice President and Director of Fixed Income Portfolio Management for Ancora Advisors, LLC, James was nominated to serve on the MutualFirst Financial Board of Directors beginning at the 2018 Annual Meeting. James is a seasoned investment professional who holds a CFA designation. He understands the financial markets and the conditions and the impact of those markets on financial institutions and will be a big help to the Board as we address business issues moving forward.

Mr. Patrick C. Botts has served on the Board of directors of MutualFirst Financial, Inc. (the "Company") since 2003. He is the Executive Vice President of the Company and President and Chief Operating Officer of MutualBank (the "Bank") since November 2003. Prior to that appointment, he had served as the Executive Vice President and Chief Operating Officer of the Bank since April 2002. From 2001 to 2002, he served as Vice President of Human Resources, Marketing and Administration of the Bank. Prior to 2001, he served as Vice President of Retail Lending for the Bank and has been employed by the Bank since 1986.

Mr. Davis currently serves as President of the Ball State Innovation Corporation. Since 2003, Mr. Davis has been the Chairman of Ontario Systems, LLC, a computer software company located in Muncie, Indiana, which he co-founded in 1980. Mr. Davis also served as President of Ontario Systems, LLC, from 1980 until July, 2008. He is the Chairman of the Board of Directors of the Company and the Bank. Mr. Davis brings management expertise, as well as information technology knowledge to the Board. His participation in our local business community for 30 years brings a knowledge of the local economy and business opportunities to the Bank.

President and Chief Executive Officer of MutualFirst Financial, Inc. (the "Company") and Chief Executive Officer of MutualBank (the "Bank") since 2003. In 2002, he became the Executive Vice President of Company and the Bank. From 2001 to 2002, he served as Executive Vice President and Chief Operating Officer of the Bank. Prior to 2001, he served as Vice President of Human Resources, Marketing and Administration of the Bank. He started with the Bank in 1986.

Former Director of Universal Bancorp and BloomBank, Brian was appointed to MutualFirst Financial's board on February 28, 2018, in connection with MutualFirst Financial's merger with Universal Bancorp, Inc. Brian is a mediator and an attorney based in Indianapolis and has extensive knowledge in all banking related legal activities, as well as specialty in estate and probate activities.

Mr. Levy has been an officer and owner of Freeman-Spicer Financial Services, Inc., a business financing and leasing company, and Freeman-Spicer Accounting Services, Inc., a small business accounting and computerization company for more than five years and is a 50% owner and managing partner in two real estate partnerships. In 2005, he became an executive officer of Take Out Foods International, Inc. based in Indianapolis, which is engaged in the business of ordering food over the Internet. During 2010, he became chairman of the board of One-Touch Automation, Inc., a company engaged in home and business automation and security systems in Indiana. He is also a partner in CVM Productions, Inc., a video production company specializing in Comp Video and Live Sports Broadcasting. He had served as a director of MFB Corp. and its banking subsidiary for three years prior to their acquisition by the Company in 2008. Mr. Levy's extensive knowledge of investments, insurance and these regulated industries supports the Board's and Trust Committee's knowledge in these areas. He also brings that understanding of regulations to the Audit/Compliance Committee. Mr. Levy's background in finance, real estate and management is also important to his service on our Audit/Compliance Committee.

In 1996, Mr. Lashley became a co-founder and co-owner of PL Capital LLC, an investment management firm which specializes in the banking industry. In addition, Mr. Lashley has served on multiple bank and thrift boards. From 2009 to 2012, Mr. Lashley served as a director on the board of State Bancorp, Inc., a publicly traded bank holding company located in Jericho, New York. From 2011 to 2014, Mr. Lashley served as a director on the board of BCSB Bancorp, Inc., a publicly traded bank holding company located in Baltimore, Maryland, and from 2008-2011, Mr. Lashley served on the board of Community FSB Holding Co., a privately held savings and loan holding company located in Woodhaven, NY.

Mr. William V. Hughes has served as director of MutualFirst Financial, Inc. since 1999. He is a partner in the law firm of Beasley & Gilkison, LLP, Muncie, Indiana, since 1977, which serves as general counsel to MutualBank (the "Bank"). Prior to 1999, he was an Advisory Director to the Bank from January 1995 to April 1999.

Mr. Marien is employed by R. W. Baird, a registered broker/dealer and investment advisor firm. He has an active FINRA Series 7 License and Series 66 Indiana License. He retired in 2009 as Account Manager for IT/Signode Corp., a division of Illinois Tool Works (packaging of steel industry products and services, Glenview, Illinois), after 40 years of service. He had served as a director of MFB Corp. and its banking subsidiary for 21 years and was chairman of the board of MFB Corp. for five years prior to the acquisition by the Company in 2008. Mr. Marien brings his prior knowledge of the trust business of MFB Corp. to his service on our Trust Committee. His participation in our local business community for 30 years brings knowledge of the local economy and business opportunities to the Bank.

Charles J. Viater is the Senior Vice President of MutualFirst Financial, Inc. (the "Company") and Regional President of MutualBank and has been since July 2008. He served as president, chief executive officer and a director of MFB Corp. and its banking subsidiary for 13 years prior to their acquisition by the Company.